An evolution of UOL’s freehold luxury Masterpiece collection, from “Luxury Living by Botanic Gardens” for Nassim Park Residences, “Mansion in the Park” for MeyerHouse, and now “Tranquility on the Hill” for Watten House.
“Leveraging our product DNA and experience in developing luxury collection projects like MeyerHouse, a high-end project which saw healthy take-up with all of its 6 penthouses sold, we plan to develop another luxury project with about 200 larger format units on elevated ground”
Business Times – UOL‘s chief investment and asset officer Jesline Goh
16 Feb 2024
Watten House By UOL
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16 Feb 2024 : Click here to find out the Site Location for Watten House and to receive latest Site Plan & Floor Plans.
19 Oct, 2022: Watten House- The Nassim Of Watten Estate.
14 Sep, 2021: Welcome To Watten House! Read about Watten House Review here.
28 Oct, 2021: News Release By UOL Limited
Watten House Summary
|United Venture Development (Watten) Pte Ltd. Joint Venture by UOL Group Ltd and Singapore
Land Group Ltd
Proposed Condominium Housing Development Comprising 8 Blocks of 5 Storey Residential Flats (Total 180 units) with Attic, Basement Carparks and Communal Facilities.
|36, 38, 40, 42, 44, 46, 48, 50 Shelford Road, District 11
sqm (220,243 sqft)
|Total Residential Units
|No. of Carpark Lots
|183 lots (inclusive of 4 EV lots and 3 accessible lots)
|Expected Vacant Possession
|30 June 2027
|Expected Legal Completion Date
|30 June 2030
|Architects 61 Pte. Ltd.
(Previously known as Ramboll Studio Dreiseitl Singapore)
|Project Interior Design
Design Pte. Ltd.
|Show Unit Interior Designer
|Unison Construction Pte. Ltd.
Overview of Watten House
- Watten House is a Freehold development located in an Address of Legacy at Prime District 11. Perched on elevated ground, it is a thoughtfully curated low-rise housing with tranquility on the hill surounded by lush greenery, right next to neghbourhood park.
- A generous 220000sqft land of low density 5-storey housing development with a very exclusive 180 units only.
- Spacious – 3 to 5 bedroom and penthouses units that are artfully crafted for multimulti-generational living.
- Within 1km radius of Nanyang Primary School and Raffles Girls’ Primary School ; Situated along the renowned Bukit Timah educational belt.
- About 8 mins walk to Tan Kah Kee MRT on the Downtown Line (DTL)
- Views of Bukit Timah Nature Reserve and City Skyline, overlooking surrounding greenery and landed estate.
- 8 exclusive penthouses, designed to embody the concept of “bungalows in the sky”, complete with cutting cutting-edge appliances and designer fittings.
Watten House Unit Mix
Watten House consists of 180 well-appointed residential units ranging from 1 to 5 bedroom units. It also boast 8 units of elegant ‘Bungalows in the sky’, which are 6 to 7-Bedroom Penthouse. These duplex Penthouse are curated exclusively for those who love the space of a landed house, with pitch roof and poised garden, and the convenience of a luxurious condominium.
|No. of Units
|Size ‘ Sqft
|990 – 1163
|3 Bedroom + Study
|6/7 Bedroom Penthouse
|3412 – 4080
|Total = 180
Watten House's Inspiration: Tranquility In The Hill
Watten House is the collective creation of award-winning Ramboll Studio Dreiseitl, now part of internationally acclaimed Henning Larson, and Singapore based highly acclaimed Architects 61. Watten House is perched on elevated ground of prime Bukit Timah low rise residential enclave with lush greenery.
Drawing inspiration from the undulating structure of a mountain landscape, Watten House poised stature on elevated ground in a coveted location and priximity to Watten Park seeks to elevate tranquil living in the hill. Watten House brings out the best of next level living: the pinacle of luxury living and a bungalow in the sky, it is the ‘Nassim of Bukit Timah’. A freehold collection of 180 peerless masterpieces with timeless design that is steeped in Asian sensibilities, Watten House is specially created for those who aspire to the highest levels of living
Waters of Tranquility: Unwind in the cool waters of the 50m lap pool or simply lounge beneath the gently swaying canopy watching the sky transform into a canvas of vibrant hues, and savouring the tranquility of a perfect evening at Watten House.
Renown Developers of Watten House
WATTEN HOUSE is developed by United Venture Development (Watten) Pte Ltd (A Subsidiary of UOL), the partnnership of UOL and SingLand.
UOL Group Limited
UOL Group Ltd (“UOL”) is one of Singapore’s leading public-listed property companies with an extensive portfolio of development and investment properties, hotels and serviced suites. With a track record of more than 50 years, UOL strongly believes in delivering product excellence and quality service in all our business ventures.
UOL impressive list of property development projects include best-selling residential units, award-winning office towers and shopping malls, premium hotels and serviced suites. UOL unwavering commitment to architecture and quality excellence is reflected in all our developments, winning us prestigious prizes such as FIABCI Prix d’Excellence Awards, the Aga Khan Award for Architecture, Urban Land Institute Awards for Excellence and President’s Design Award.
Singapore Land Group Limited
Singapore Land Group Limited (“Singland” or the “Company”), formerly known as United Industrial Corporation Limited, is a leading real estate company listed since 1971. Singland’s diversified portfolio comprises commercial investment properties, residential development properties, hotels and IT services.
The company’s portfolio of prime commercial assets includes 2.5 million square feet of office space and 1 million square feet of retail space in Singapore. These include some of Singapore’s best-known commercial and retail landmarks such as UIC Building, Singapore Land Tower, Clifford Centre, SGX Centre, The Gateway, Tampines Plaza 1 and 2, West Mall and Marina Square.
With a focus on delivering quality products of the highest standards, each of SingLand developments is also a reflection of innovative and inspirational concepts. From setting benchmarks to building landmarks, our residential and commercial portfolios represent our dedication to creative excellence and sustainable developments.
Watten House Location
Prestigious Watten Estate is one of Singapore’s most sought-after addresses, surrounded by 33 out of Singapore’s 39 Good Class Bungalow Areas*, abundant nature, a renowned education belt, vibrant lifestyle amenities, as well as delectable food and culture. From Watten House, residents can enjoy panoramic views of Bukit Timah Hill abd Singapore’s iconic city skyline.
*within 3 km
Amenities Around Watten House
Schools (within 1km Radius)
|• Raffles Girls’ Primary School
• Nanyang Primary School
• Hwa Chong Institution
• Hwa Chong International School
• National Junior College
• Nanyang Girls High School
• St. Margaret’s Secondary School
|• 8 mins walk to Tan Kah Kee MRT (Downtown Line)
• 1 stop to Botanic Gardens MRT Interchange Circle Line
• 2 stops to Stevens MRT Interchange (Thomson East Coast Line)
• 3 stops to Newton MRT Interchange (North South Line)
|• Greenwood Avenue
• Cluny Court
• Adam Road Food Centre
• Coronation Shopping Plaza
• Crown Centre
• Singapore Botanic Gardens
• The Singapore Island Country Club
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A Scenic Sanctuary
Make your home in a sensorial oasis that isinviting and idyllic; breathtaking and life giving.
Watten House Media releaseBy UOL
Watten Estate Condominium Enbloc Clinched By UOL-SingLand JV for S$550.8m
Business Times – October 28, 2021
At the price tag of S$550.8 million, the deal is a 10.2 per cent premium to the S$500 million minimum price announced by the property’s marketing agent JLL in September 2021. WEC’s last collective sale attempt was launched in July 2019 at a reserve price of S$536 million. The property was first put up for en bloc sale in 2007 at the price of S$480 million.
In their respective bourse filings on Thursday (Oct 28), UOL and SingLand disclosed that the tender was awarded to their 80:20 joint venture (JV) between United Venture Investments (UVI) and Singland Residential Development (SRD). UVI and SRD are the wholly-owned subsidiaries of UOL and SingLand, respectively. UOL is a controlling shareholder of SingLand, which was formerly known as UIC (United Industrial Corporation). UVI will pay 80 per cent of the consideration or S$440.6 million for the acquisition based on its proportion of ownership of the JV, with SRD to fund the remainder.
Acquiring WEC is in the ordinary course of business and will enable both groups to replenish their land banks for residential development in Singapore, said both groups in their announcements. SingLand added that the JV parties intend to redevelop the property into a condominium, subject to the necessary approvals from relevant authorities. Both JV parties intend to formalise their terms in connection with the property’s acquisition and redevelopment – and share risks and rewards in proportion to their subsidiaries’ equity stakes in the JV.
“The acquisition is a timely replenishment for UOL Group as most of our projects are substantially sold. The prime freehold site is located in the exclusive residential enclave at Watten Rise, which is within 1 km of 2 prestigious primary schools, Nanyang Primary and Raffles Girls’ Primary schools,” commented UOL‘s chief investment and asset officer Jesline Goh.
“Leveraging our product DNA and experience in developing luxury collection projects like MeyerHouse, a high-end project which saw healthy take-up with all of its 6 penthouses sold, we plan to develop another luxury project with about 200 larger format units on elevated ground,” she added.
According to data from the Urban Redevelopment Authority as at Oct 28, units at MeyerHouse have transacted for between S$4.4 million and S$14.2 million, at a unit price range from S$2,351 to S$2,740 per square foot (psf) over the last 2 years.
The Business Times understands from JLL that the estimated breakeven price of WEC’s redevelopment is around S$2,650 psf.
WEC comprises 104 units of townhouses and apartments built around 1983. Spanning 220,241 square feet, the freehold elevated site at 36-44 Shelford Road is zoned residential with a gross plot ratio of 1.4 and an allowable height of up to 5 storeys.
The property can be redeveloped into 286 units based on the mandatory minimum average size of 100 square metres, according to JLL.
In a press statement issued Oct 28, JLL’s executive director of capital markets Tan Hong Boon said the tender for WEC was “hotly contested” with several competitive and close bids above the S$500 million reserve price.
He noted that the $550.8 million sale price reflects a unit land rate of approximately S$1,723 psf per plot ratio, including an 8 per cent bonus gross floor area and the corresponding development charge.
“With this elevated site amidst the predominantly low-rise and landed housings in the surroundings, new units of the proposed development could potentially enjoy unblocked views over lush greenery,” said Tan.
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